Posts Tagged ‘financial results’
WPT Releases 2008 Results
World Poker Tour Enterprises (WPTE) Incorporated has released its financial results for 2008 showing a decline in revenues for both the fourth quarter and the full-year.The California firm reported that revenues for the fourth quarter of last year fell to $2.6 million compared to $5.1 million in 2007 while those for the full-year plummeted 28.6 [...]
Record Profits For London Capital
Online financial spread betting firm London Capital Group (LGC) Holdings has released its preliminary financial results for the whole of 2008 revealing that revenues increased 57 percent to hit £29.6 million.London Capital recently signed a white-label agreement with Saxo Bank that will see the launch of a trading platform at SaxoSpreads.com [...]
The Future Looks Bright For Devilfish
Devilfish Gaming, the firm behind online casino and poker room Devilfish.com, has announced its financial results for the final six months of 2008 showing an increase in turnover of over 156 percent.Devilfish re-launched its online gaming business in May after floating on London's Plus market and reported turnover for the final six months of last [...]
Unibet Increases Revenues
Malta-based online gambling operator Unibet Group has announced its financial results for last year showing a 52.9 percent drop in profits after tax to £8.8 million despite strong revenue growth.Unibet reported that gross winnings revenues increased 29.7 percent for the fourth quarter to £34.9 million while those for full year rose 52 percent to [...]
William Hill To Refinance Debt
Leading British betting and gaming firm William Hill plans to raise approximately £350 million in a rights issue to refinance its debt, which is part of a wider plan to restructure the group’s £1.2 billion in borrowings.According to a piece in The Sunday Times newspaper, the move is likely to be fully underwritten by Citigroup, William [...]
